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. >> pelley: one of the reporters from our cbs station in boston, wbz, jim armstrong, was the first to arrive as police were poring into this neighborhood. we have jim now and, jim, can you give us a sense of everything that you've seen since u arrived there? >> absolutely, scott. it has been a very, very tense past hour or so here. we are roughly about a quarter of a mile whereice ve had staged for the bulk of the day. as soon, scott, as they called off the stay and shelter in place order, pretty much as soon as the governor said it was okay to leave your homes there was an immediate change in police behavior in and around the watertown area. they started driving much faster they started using their sirens again, helicopters came back out and started flying lower helicopters were flashing their search lights. you could tell immediately that something was changing. within less than ten minutes after the shelter in place order was lifted from our position about a quarter of a mile away you could hear rapid fire, gunfire that lasted for 15 or 20 seconds. nerve my position dropped to the ground
right now. >>> good wednesday, i'm carl quintanilla, jim cramer, david faber. a lot of corporate earnings today. some of them okay. some of them not so okay upon. implied open looks to be down again even as we had the so far this week the worst day of the year and then the second best day of the year. the volatility continuing today. europe's got some issues, as well. a lot of rampant rumors about various downgrades and a german bond auction that resulted on a record low of a ten-year of 128. our road map begin with the marks looking like it's time to put your hands up and as we prep for the second decline in this roller coaster. it's up and down for two drills, cat getting a double dose of negative comments. >> bank of america dragging down the rest of that sector after it did miss us and it's the only consolation. profits were four times higher than a year ago on cost-cuts and fewer bad loans. >> there's intel beating by a penny last night and expects current revenue, and the decline in pc sales. >> the second consecutive quarters in a row. display ads leads to revenue misses a
are choosing fidelity. now get 200 free trades when you open an account. >>> welcome back to "squawk". jim is standing by at the cme in chicago. you've got the numbers. >> the numbers 352. and the claims number 368 on the continuing claims. it's about kind of where it is. the revision from last week up 2,000. so it's right kind of as expected. this was the big number. independent of last week's claims numbers over of last three weeks claims have been a big deal. they have indicated some sort of spring swoon. this is an indication how severe it is going to be. from the looks, it's not that big a deal. stock market up from that. these numbers came out as expected, which is not bad compared to two weeks ago. >> thank you for that. we've got reaction from steve liesman. are the numbers as positive as jim was portraying them? >> it's interesting, andrew. we have yet to see confirmation of that weak jobs report come up in the jobless claims. we have a speak up, some of it. now it has settled down back into that 350,000 range. you would think if it deteriorated as much as it has you would see som
morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer who is tasting mcdonald's new breakfast lineup which we'll talk about this hour. got a triple whammy of dow, dupont, trafrlers, utx pretty good as futures are on the rise. day of reckoning, some have said, netflix soaring after last night's results. in europe, weak pmis out of germany, china, too, but the european markets are pricing in higher expectations this morning for a rate cut from the ecb. our road map begins with users streaming internet flicks, the house of cards paying off for the company and shares skyrocketing for the company. is it too late to buy the stock. >> we're counting down to apple's earnings report and that will be after the close. the shares over the $400 mark. one way or the other. >> luxury not dead, at least not according to coach and we'll dig deeper into those numbers. >> u.s. airways and delta beating those numbers. >> not quite as sanguine. we'll take a look at the airline sector and talk about travel turbulence a bit, as well. >> definitely not comericcal. >> for the fir
korea. jim maseda joins us from seoul. hi, jim. >> reporter: hi, kelly. well, the past 24 hours have been a pretty good example of the unpredictability of kim junk union and his scene. after all of those signals, it turned out to be a very quiet day in north korea, focused entirely on those celebrations around founding father kim jong il's birthday. but then last night, there was a sudden new threat from the north korean military, which said it would strike south korea without warning if there were another anti-north protest in the south. so this was in reaction to a very small demonstration yesterday here in downtown seoul where a couple of effigies of kim jong un were burned. in the same message, he said the south must apologize for its undig phied acts before talks could happen. despite the angry ultimatum, there does seem to be a shift now towards what they call offramping or tamping down the volume and talking rather than confrontation. that said, those two medium range missiles are reportedly on their launchers in the eastern part of north korea ready to be fired. the south is
. the economy is getting worse. but the fed is all in. they're at 85 a month. now, maybe some people like jim bulllard are talking about doing more, but that's not on the fed's table right now. what's on their table is potentially tapering out of the 85 a month when the market wants more. the market is stuck. they want more from the fed, because the economy is weakening, or they want the economy to rebound and nothing's happening and we jump around all over the place. >> warren, what do you think? you've been constructive on this market all through the first quarter. you felt like there was more to go here. but do you feel like the psychology is changing with the volatility that we've seen this week? >> i'll tell you, this week has been a little bit troubling, and i have been pretty bullish up until this point. when you tend to see days like this, where the day after day, up and down bid on the dow, 100-plus point move on any given day, that's a sign that this market is truly struggling. >> are you rethinking your bullish position, at least for the short-term? >> a little bit. i think the thi
and jim cramer. >> good morning, jim. >> lots to talk about. we account talk about boston and the impact on the market. i would love to hear your view on the psychology there, but also coca cola there. goldman sachs, j&j, we had good numbers. >> coca-cola doesn't have to say anything positive and people absolutely lap it up as they've done for all of the consumer products company and everies single one whereas, goldman sachs they just put a single boilerplate line about what everybody knows which is the macro environment and you're supposed to throw the stock out. i think that is a mistake, and i think the book value is for real. j & j is blessed. he's making it better. j & j and coca-cola, andrew, after boston, hey, you what? i'm take them. it's after boston. boston signifies the psychological terror that people feel when they buy anything other than what's in the supermarket. >> we were talking, i think in the 6:00 hour about sort of is this going to be a major psychological shift that people have come out and says not only a huge tragedy, but it will change the way people think about
. coming up, a closer look at the stocks on the move ahead of the opening bell. we'll check in with jim cramer coming up next when we return. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. >>> welcome back to "squawk box." jim cramer joins us fro the new york stock exchange. good to see you, my friend. i need to know two things from you. how do you feel about yahoo and marisa meyer and someone was comparing this to jcp. >> oh, please! >> i wanted to get your view and then i want to know what you think about bank of america. >> first of all, i like what meyer is doing. >> the big problem at yahoo is a big culture, and i also like the idea of no more jumpe
for the markets and today, more big swings, michelle. >> let's break it down. joining us is jim mcdonald from northern trust global investments. this week, overall, so far, looks pretty negative. you went into the year very positive. you still positive, despite these two big sell-offs this week? >> we are. i think what's happened today, for example, we've gotten a one-two punch over concerns between european credit and also some worries about the global growth environment. we think we may have a little bit of a pause here, but we're going to see continued growth through the year. it will be rewarded by take risk in the stock market. >> why? >> because with growth keeping up and inflation being under control, monetary policy is going to stay very easy, and we see that as being something that's going to lead to equity returns being positive. >> you have to admit, we've had a very good first quarter, 10% gains for most of the averages, 15% at the most extreme. aren't we due for a correction of some kind? >> well, we could absolutely have a pause here and a small correction wouldn't be off the re
of estimates as asian demand for its software dropped. still, in an interview with cnbc earlier, co-ceo jim hagueman sounded confident that growth in the asia pacific region was still solid. >> in asia, we have had now 13 consecutive quarters of double digit growth. 12, actually. this is the first time we have an issue in asia. what that means is you have an organization that has been growing rapidly. with that comes new demand on leadership. we have been make something changes. in q1 we had a couple of key countries where we were looking for the leadership to take this organization to the next level. that's why it's impacting q1. but if i look at the pipeline and the business out there, we have a very, very solid business also in asia pacific. >> they also said revenue from sap's cloud technology division was a bright spot in the report, jumping 380% from a year earlier. he responded to speculation the company might make its cloud service private, as well. >> we do see what cloud does for our customers is it radically simplifies complexity. running global supply chains is not ease or realt
vacated by jim benning and one against the candidate and quickly founded the tea party caucus. boss, a group of which i may be the only member, only two times have we hadfa an december ron paul in 2011. the only other father-son team of was mitt romney and his dad, and former gov. george romney. now on to monday and mechanical matters. we are on the record, no live tweeting. c-span has agreed not to use the session for a least one hour. to ask auld like question, do the traditional thing and send me a non thready and signal and i will happily call on one and all. now that he has had to buy its cultural offer our guest the opportunity to make some comments and then move around the table. the floor is yours. >> it sounds like with all of these rules that we're going to create some news this morning. i don't know about that. >> we live in hope. >> as i was going round the room, i was thinking i was in a wedding of receiving line. if anybody feels compelled to send me a wedding gift, it has to be under $14 to meet the senate limit. i was told anything short of 13 hours of speaking would
, jim. >> we can go a couple of different directions here, we can talk about the man hunt where it is and how it's dwell developing or the geopolitical, what are you most interested in? >> in the first hand, the law enforcement will peck up the known suspect, possible third man involved hopefully without further loss of life. they're obviously extremely dangerous, armed with both firearms as well as possibly bombs. the chechen connection is very interesting. i'm sure right now they're on the phone with the russians and what they have with this family or their connection. are they being mentored or encouraged by terrorists in the country? the russians have had a terrible time with the chechens over the years, but the march with the double suicide bombing on the moscow subway killed 40 people. in november 2009 there was another train bombing that killed 26. so this has been a very dangerous, islamic region, not just chechnya, but also the north caucasus countries. i should also add that we have a lot of these people in both afghanistan and pakistan, foreign fighters and the cheche
Search Results 0 to 11 of about 12